ISPOR STUDENT NEWS

VOLUME 4 (6)

JUNE 2003 TABLE OF CONTENTS: •

Student Leadership Retreat………………………….…..

pg 2

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Student Icebreaker……………….………………………

pg 3

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Mock Interview Session…………………………………

pg 3

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Student Feedback Survey: Mock Interview Sessions.…..

pg 4

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ISPOR 8th Annual Meeting:Best Student Poster Awards.

pg 4

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ISPOR 8th Annual Meeting:Best Student Podium Awards

pg 5

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Jobs and Internships…………………………..……...…..

pg 5

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Article of the Month……………………………………..

pg 8

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Acknowledgements ……………………………………..

pg 9

We hope you enjoy reading the newsletter! ISPOR Student News Editors: Bijal M. Shah, B. Pharm, University of New Mexico Student Chapter President Annesha White, Pharm.D., Florida A&M University Student Chapter President Richard Hansen, RPh., University of Minnesota Student Chapter President Cher Beilfuss, B.S., Pharm.D., Student Network Chair, ISPOR Student News Co-Editor Zeba M. Khan, Ph.D., ISPOR Student Network Advisor, ISPOR Student News Co-Editor Please send your comments/suggestions to Bijal M. Shah ([email protected]), Annesha White ([email protected]) or Richard Hansen ([email protected])

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ISPOR STUDENT NEWS

ISPOR 8th Annual International Meeting STUDENT HIGHLIGHTS The Eighth Annual International Meeting held in Arlington, USA in May 2003 set a precedent for diverse future student activities. The First Annual Student Leadership Retreat provided the Student Chapter Presidents and President-Elects with the opportunity to meet and discuss issues related to expansion of student involvement in ISPOR. Mock Interview sessions, held for the first time, provided a unique informal setting for students looking to enhance their interviewing skills. The meeting was also a breeding ground for students to exchange research ideas, and network with peers and potential employers.

FIRSTFIR ANNUAL STUDENT LEADERSHIP RETREAT Student activities commenced with the Student Leadership Retreat held on Saturday, May 17th, 2003 led by Student Network Advisor, Zeba Khan, Ph.D., and Student Network Chair, Cher Beilfuss, Pharm.D., MBA. Student Chapter Presidents and President-Elects, representing eighteen chapters, gathered to network, build leadership skills, and strategize for the upcoming year. The retreat was followed by a sumptuous dinner at a local restaurant. Some tidbits from the grapevine go as follows: “The retreat was awesome”, “We should have it every year”, “We should have more student chapters”, “The dinner was great”, “Students are getting to be a big part of ISPOR”, “Way to go, Zeba”, “Great job, Cher!!”.

Photo: First Annual Student Leadership Retreat at Crystal Gateway Marriott.

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ISPOR STUDENT NEWS

STUDENT ICEBREAKER The student icebreaker was held on Sunday, May 18, and again was very well attended. This event provided students an opportunity to network with student colleagues and ISPOR members, facilitated by networking games and prizes. The Student Network would like to thank the National Meeting Program Planning Subcommittee for organizing the event, as well as Sean Sullivan from the University of Washington for his kind sponsorship.

Photo: Outgoing Student Chapter Presidents at the Student Icebreaker Session

MOCK INTERVIEW SESSIONS The first Student Mock Interview Session was held on May 19, 2003. Five rounds of interviewing were completed with eight interviewers from the pharmaceutical industry, consulting, and academic settings. This session was very well-received and the interviewers provided constructive feedback during the Student Forum, which followed the mock interview sessions. Many thanks go out to Zeba Khan, PhD for moderating this session.

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ISPOR STUDENT NEWS

STUDENT FEEDBACK SURVEY MOCK INTERVIEW SESSIONS Mock interviews at the annual meeting were a resounding success as judged by the student feedback survey results. All students were assigned fifteen-minute time slots for interviews with representatives from industry, consulting and academia. The respondents unanimously agreed that such mock interviews should be an integral part of student activities at the annual ISPOR congregation. The participating students were mostly in the third year of graduate programs, had attended ISPOR meetings before and were not novices to interview processes. All students found the interviews to be helpful. Ninetyfive percent of the respondents thought these simulated sessions will help them prepare for actual interviews. Three quarters of the interviewees thought the interviews were well organized. Interviewers were selected to form an eclectic mix of representation from academia, industry and consulting. Almost all students thought that the interviewers were good representatives of areas for which they were interviewing. Some suggestions for improvement included private booths in which interviews could be conducted, more interviews per person, and more feedback during the interview session.

CONGRATULATIONS!! At the Meeting, the following students were recognized for “Best Student Podium Presentation” and “Best Student Poster Presentation:”

BEST STUDENT POSTER AWARD DIABETES RELATED DRUG UTILIZATION AND EXPENDITURES IN MEDICARE BENEFICIARIES WITH AND WITHOUT SUPPLEMENTAL PRESCRIPTION DRUG INSURANCE D'Souza AO, Madhavan S West Virginia University, Morgantown, WV, USA ECONOMIC ANALYSIS OF THE USE OF ANGIOTENSIN CONVERTING ENZYME INHIBITORS IN PATIENTS WITH DIABETES MELLITUS Zammit DC, Hay JW University of Southern California, Los Angeles, CA, USA

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ISPOR STUDENT NEWS

A NATIONAL ESTIMATE OF INDIRECT COSTS ASSOCIATED WITH ANXIETY DISORDERS Mychaskiw MA, Sankaranarayanan J Purdue University, West Lafayette, IN, USA

BEST STUDENT PODIUM AWARD SMOKING STATUS AND HEALTH-RELATED QUALITY OF LIFE (HRQOL): FINDINGS FROM THE BEHAVIORAL RISK FACTOR SURVEILLANCE SYSTEM (BRFSS) DATA Mody RR, Smith MJ West Virginia University, Morgantown, WV, USA PHYSICIAN ATTITUDE TOWARD ACADEMIC DETAILING AND OTHER DRUG COST-CONTAINMENT STRATEGIES IN A STATE HEALTH INSURANCE PROGRAM Madhavan SS1, Susman T2, Shimer P2, Joseph F2, Sundaram M1, Kamat S1, D'Souza AO1 1West Virginia University, Morgantown, WV, USA; 2West Virginia Public Employees Insurance Agency, Charleston, WV, USA ECONOMIC IMPACT OF PROZAC® PATENT EXPIRATION AND THE 180DAY GENERIC FLUOXETINE EXCLUSIVITY IN A PUBLICLY-FINANCED PRESCRIPTION PROGRAM Punjabi SS1, Johnsrud MT1, Conner C2 1The University of Texas at Austin, Austin, TX, USA; 2Pfizer Inc, Milwaukee, WI, USA Overall, the meeting was an incredible success. We would like to extend a special thanks to the Student Council and ISPOR staff for all their time and efforts in organizing the student sessions at the meeting.

JOBS & INTERNSHIPS Spring brings with itself a frenzy of nervous anticipation amongst job-seeking students that have worked diligently towards achieving their degrees. Many students have reasons to rejoice as their hard work has come to fruition. While some students have accepted positions in academia or industry, others have decided to continue their quest in seeking advanced degrees. Congratulations to all these researchers that are set to make their mark in the world of pharmacoeconomics and outcomes research!

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ISPOR STUDENT NEWS

JOBS Degree Completed

Student

Major Field of Study

Richard A. Hansen

Ph.D.

Social, Administrative and Clinical Pharmacy, University of Minnesota

Cher Beilfuss

Pharmacoeconomic Fellowship

University of Michigan/Pfizer

Ancilla W. Fernandes

Abir Kahaleh

Ph.D.

West Virginia University

Ph.D.

Social and Administrative Sciences, University of Michigan

Position Accepted

Assistant Professor (Tenure Track), Division of Pharmaceutical Policy and Evaluative Sciences (PPES), University of North Carolina School of Pharmacy. Regional Medical Outcomes Liaison, Amgen Pharmaceuticals Pharmacoeconomics Scientist, Takeda Pharmaceuticals North America Assistant Professor/ Assistant Director of Experiential Education at Ohio Northern University.

FURTHER EDUCATION Student

Qualifications

Position Accepted

Annesha White

Pharm.D. M.S.

Ph.D. in Pharmacy Administration at the University of Florida

Amit Kulkarni

B.S. Pharmacy M.S.

Ph.D in Public Health, University of Texas Health Science Center at Houston

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ISPOR STUDENT NEWS

INTERNSHIPS Student

Qualifications

Major Field of Study

Position Accepted

Shravanthi Rao Gandra

M.S. (Pharmaceutical Sciences) M.B.A. Ph.D.

Pharmacy Administration, The University of Louisiana at Monroe

Astra Zeneca Summer Intern

Mariam K. Hassan

B.S. Pharmacy Doctoral Candidate

Pharmacy Administration, West Virginia University

Healthbenchmarks, Inc. Summer Intern Pharmacoeconomics and Outcomes Research

Khalid Kamal

B.S. Pharmacy M.S.

Pharmacy Administration, West Virginia University

GlaxoSmithKline Summer Intern

Reema Mody

B.S. Pharmacy M.B.A

Pharmacy Administration, West Virginia University

Abbott Laboratories, Summer Intern Center for Pharmaceutical Appraisal and Outcomes Research

Katherine Anderson

M.S. CHES

Pharmacy Administration, University of Tennessee

TEVA Pharmaceuticals Summer Intern

Xin Ye

B.S. Pharmacy

Social, Administrative and Clinical Pharmacy, University of Minnesota

GlaxoSmithKline Summer Intern

Dongmu Zhang

B.S. Pharmacy

Social, Administrative and Clinical Pharmacy, University of Minnesota

Data Intelligence, Inc. Summer Intern

Pharmacy Administration, University of New Mexico

Clinical Trials Internship with VA Cooperative Studies Program

Bijal M.Shah

B.S. Pharmacy

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ISPOR STUDENT NEWS

ARTICLE OF THE MONTH DiMasi JA, Hansen RW and Grabowski HG. The price of innovation: new estimates of drug development costs. Journal of Health Economics. 2003; 22(2):151-185 Abstract: The research and development costs of 68 randomly selected new drugs were obtained from a survey of 10 pharmaceutical firms. These data were used to estimate the average pre-tax cost of new drug development. The costs of compounds abandoned during testing were linked to the costs of compounds that obtained marketing approval. The estimated average out-of-pocket cost per new drug is US$ 403 million (2000 dollars). Capitalizing out-of-pocket costs to the point of marketing approval at a real discount rate of 11% yields a total pre-approval cost estimate of US$ 802 million (2000 dollars). When compared to the results of an earlier study with a similar methodology, total capitalized costs were shown to have increased at an annual rate of 7.4% above general price inflation.

LEARN HOW TO START AN ISPOR STUDENT CHAPTER: At http://www.ispor.org/chapters/howtoform.htm or contact Jennifer Casillas, ISPOR at [email protected]

VOICE YOUR OPINION! CHANGE THE DIRECTION OF THE STUDENT NETWORK! Fill out the student interest survey at http://www.ispor.org/student/survey_interest.asp

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ISPOR STUDENT NEWS

ACKNOWLEDGEMENTS We would like to thank the University of Minnesota Chapter for their hard work on the June issue of the ISPOR Student Newsletter. Special thanks to Shuchita Agarwal and Richard Hansen.

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